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Credit Suisse pressured over absolving execs on Greensill

  Bloomberg Credit Suisse Group AG shareholders are pushing to exclude a vote at its annual general meeting that would let the directors and the executives off the hook for legal responsibility over the Greensill Capital scandal, the Financial Times has reported, citing people with knowledge of the discussions. Investors have expressed concerns to new chairman Axel Lehmann about the ...

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UBS allows some US staff to work remotely full-time

  Bloomberg UBS Group AG will allow some of its US employees to work remotely full-time, offering flexibility to staff as it seeks to lure and retain talent. The Swiss bank expects about 10% of its workers in the US to go remote as the program is implemented in phases, starting at the wealth unit, Tom Naratil, president of UBS ...

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Barclays plans to pump more money into renewables

  Bloomberg Barclays Plc plans to step up its financing of renewable energy as Russia’s war on Ukraine adds to the urgency of moving away from fossil fuels. “The appalling invasion of Ukraine has made it even more imperative to accelerate the energy transition,” Barclays Chairman Nigel Higgins said. Barclays expects that recent events will boost “demand for investment in ...

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